Bank of Japan Governor Kazuo Ueda emphasizes the need to maintain accommodative monetary conditions, expecting gradual inflation increase and wage growth. Ueda proposes reducing monetary stimulus based on economic projections and wage developments. Ueda anticipates interest rates to remain low and real interest rates deeply negative. The Bank of Japan may revise its inflation forecast for fiscal 2026 around 2% due to strong pay deals.
A year on, BOJ chief still faces monumental policy normalization task: Bank of Japan chief Kazuo Ueda on Tuesday marked one year since taking up his post, leading one of the world's most dovish central banks to depart from⦠https://t.co/6qSbmzTntf #japannews #japantoday
π‘Sources reveal that in light of unexpectedly strong annual wage negotiation outcomes, the Bank of Japan is contemplating raising its inflation forecast at this month's policy meeting. In its initial projection for the fiscal year 2024, the Bank may discuss increasing the CPIβ¦
BoJ Is Said to Mull Raising Inflation View On Strong Pay Deals - BBG https://t.co/acat5mEP5c
The Bank of Japan will likely consider raising its inflation forecast at a policy meeting later this month after surprisingly strong results from annual wage negotiations, sources say https://t.co/K6guLwiQFn
π΄ BOJ LIKELY TO SET FY2026 VIEW AROUND 2% - PEOPLE FAMILIAR WITH THE MATTER.
BOJ IS SAID TO MULL RAISING INFLATION VIEW ON STRONG PAY DEALS
BOJ IS SAID TO CONSIDER REVISING UP FISCAL 2024 CPI FORECASTS
π΄ BOJ IS SAID TO MULL RAISING INFLATION VIEW ON STRONG PAY DEALS.
Bank of Japan Governor Kazuo Ueda kept his options open for a further paring back of monetary easing as he avoided sounding clearly dovish with the yen hovering near a 34-year low https://t.co/qsEYd3wJtc
π΄ BOJ'S GOVERNOR UEDA TO GIVE SEMI-ANNUAL REPORT IN THE LOWER HOUSE FROM 9AM.
BOJ to cut monetary stimulus if inflation trend nears 2%: Ueda: Bank of Japan chief Kazuo Ueda said Tuesday the central bank will further reduce monetary stimulus if the country's basic inflation rate nears 2 percent as expected.β¦ https://t.co/9HKIlGijsU #japannews #japantoday
π΄ BOJ'S GOVERNOR UEDA: THERE WAS NO BIG MARKET FLUCTUATION SEEN AFTER THE MARCH MEETING BECAUSE OUR THINKING ON POLICY AND THE ECONOMY WAS WIDELY UNDERSTOOD IN THE MARKET.
BOJ to cut monetary stimulus if inflation trend nears 2%: Ueda https://t.co/v2sYm5Ci8j
π΄ BOJ'S GOVERNOR UEDA: OUR CURRENT GUIDANCE DOES NOT PROMISE TO KEEP THE OVERNIGHT CALL RATE TARGET AT 0-0.1% UNTIL A CERTAIN CONDITION IS MET.
π΄ BOJ'S GOVERNOR UEDA: THERE IS NO NEED TO RAISE RATES ON EXCESS RESERVES LIKE IN THE US.
π΄ BOJ'S GOVERNOR UEDA: ANOTHER FACTOR WE WILL CHECK IS WHETHER SERVICE PRICES WILL RISE REFLECTING HIGHER WAGES.
π΄ BOJ'S GOVERNOR UEDA: ONE FACTOR WE WILL CHECK IS WHETHER PAY HIKES OFFERED IN ANNUAL WAGE TALKS WILL MATERIALISE AND SHOW IN ACTUAL DATA.
BOJ GOV UEDA: IF WAGE-INFLATION CYCLE ACCELERATES FASTER THAN EXPECTED, WE MIGHT NEED TO REDUCE STIMULUS AT A FASTER THAN EXPECTED PACE
BOJ GOV UEDA: IF WAGES DO NOT RISE AS MUCH AS EXPECTED OR IF OVERSEAS SHOCKS HIT ECONOMY, WE MAY NEED TO REDUCE STIMULUS AT A SLOWER PACE, OR HOLD OFF ON REDUCING STIMULUS ALTOGETHER
BOJ GOV UEDA: ANOTHER FACTOR WE WILL CHECK IS WHETHER SERVICE PRICES WILL RISE REFLECTING HIGHER WAGES
BOJ GOV UEDA: ONE FACTOR WE WILL CHECK IS WHETHER PAY HIKES OFFERED IN ANNUAL WAGE TALKS WILL MATERIALISE, SHOW IN ACTUAL DATA
BOJ GOV UEDA: WE EXPECT TREND INFLATION TO GRADUALLY ACCELERATE, SO KEY AHEAD IS TO CHECK DATA AND INFORMATION TO SEE IF THIS WILL INDEED BE THE CASE
π΄ BOJ GOVERNOR UEDA: UNLOADING BOJ'S ETF HOLDINGS WON'T HAPPEN IMMEDIATELY
π΄ BOJ GOVERNOR UEDA ANTICIPATES REDUCING BOND PURCHASES BUT UNCERTAIN OF TIMING OR AMOUNT
BOJ GOVERNOR UEDA: EVEN AFTER MARCH POLICY SHIFT, EXPECT INTEREST RATES TO STAY LOW, REAL INTEREST RATES TO REMAIN AT DEEPLY NEGATIVE TERRITORY
π΄ BOJ GOVERNOR UEDA EXPECTS INTEREST RATES TO REMAIN LOW FOLLOWING MARCH POLICY SHIFT, REAL INTEREST RATES TO STAY DEEPLY NEGATIVE
BOJ GOVERNOR UEDA: BOJ EXPECTS ACCOMODATIVE MONETARY CONDITIONS TO CONTINUE FOR TIME BEING
BOJ GOVERNOR UEDA: INFLATION LIKELY TO EXCEED 2% THIS FISCAL YEAR, SLOW THEREAFTER
π΄ BOJ GOVERNOR UEDA HAS NO PRESET IDEA ON WHEN OR HOW TO ADJUST INTEREST RATE LEVELS
π΄ BOJ GOVERNOR UEDA SAYS UPCOMING DATA WILL DETERMINE IF THIS WILL HAPPEN
π΄ BOJ GOVERNOR UEDA PROPOSES REDUCING MONETARY STIMULUS IF ECONOMIC PROJECTIONS ARE MET
π΄ BOJ GOVERNOR UEDA STRESSES NEED TO MAINTAIN ACCOMMODATIVE MONETARY CONDITIONS AS TREND INFLATION HAS NOT YET HIT 2% TARGET
#BOJ UEDA EXPECTS ACCOMMODATIVE MONETARY CONDITIONS TO CONTINUE FOR TIME BEING Narrator: and yet so many donβt understand why $JPY keeps losing value π https://t.co/t54vxoDJEl
β οΈ BOJ EXPECTS MONETARY CONDITIONS TO STAY ACCOMMODATIVE, SAYS GOVERNOR UEDA Full Story β https://t.co/FowBFrCyx0 https://t.co/QsCp6mQoG2
π΄ BOJ GOVERNOR UEDA EXPECTS TEMPORARY FACTORS AFFECTING CONSUMPTION TO DISSIPATE
π΄ BOJ GOVERNOR UEDA EXPECTS GRADUAL INCREASE IN CONSUMPTION AS WAGES RISE AND HOUSEHOLD INCOME GROWS
π΄ BOJ GOVERNOR UEDA EXPECTS ACCOMMODATIVE MONETARY CONDITIONS TO CONTINUE FOR TIME BEING
π΄ GOVERNOR UEDA OF BOJ: CHANCE OF SOLID WAGE GROWTH HEIGHTENING THIS YEAR
π΄ BOJ GOVERNOR UEDA NOTES SOME WEAKNESS IN JAPAN'S ECONOMY, BUT SEES MODERATE RECOVERY
A year on, BOJ chief still faces monumental policy normalization task https://t.co/T6WHKBo2KT
Central bank watchers have praised how Bank of Japan Gov. Kazuo Ueda navigated its monetary policy toward normalization. But the challenges are only just beginning to emerge, with Japan now entering an era of positive interest rates. https://t.co/XRtweXY3UZ
Kazuo Ueda marks his first anniversary at the helm of the Bank of Japan having dismantled one of the most ambitious stimulus experiments in central bank history https://t.co/mVOyLilVc0
π΄ BOJ'S GOVERNOR UEDA TO GIVE SEMI-ANNUAL REPORT IN DIET FROM 1 PM TUESDAY.
BOJ'S UEDA TO GIVE SEMI-ANNUAL REPORT IN DIET FROM 1PM TUESDAY
A year into his job, Bank of Japan Governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank's complex monetary stimulus into a simpler framework https://t.co/atBo6CMgCg
A year into his job, Bank of Japan Governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank's complex monetary stimulus into a simpler framework . More here:https://t.co/Vko4swyDag
BOJ GOV UEDA: WE WILL RESPOND APPROPRIATELY TO ECONOMIC CHANGES UNDER NEW POLICY FRAMEWORK
BOJ GOV UEDA: RATHER THAN TRYING TO ISSUE CBDC SWIFTLY, I WOULD PRIORITISE ISSUING CBDC IN AN APPROPRIATE WAY THAT BENEFITS THE BROADER PUBLIC
BOJ's Ueda says his goal was to achieve simpler policy framework https://t.co/CoSRVincDv https://t.co/kKgEnRqThI
β οΈ BOJ'S UEDA SAYS HIS GOAL WAS TO ACHIEVE SIMPLER POLICY FRAMEWORK Full Story β https://t.co/yL9OyfTtyu https://t.co/jt3UeBI3gf
π΄ BOJ GOVERNOR UEDA PRIORITIZES ISSUING CBDC IN A WAY THAT BENEFITS THE BROADER PUBLIC INSTEAD OF SWIFT ISSUANCE.
π΄ BOJ GOVERNOR UEDA: NO SPECIFIC TIMING ON JAPAN'S CBDC DECISION
π΄ BOJ GOVERNOR UEDA: OVERSEAS EVENTS COULD INFLUENCE JAPAN'S DECISION ON ISSUING CBDC
π΄ BOJ GOVERNOR UEDA: OTHER COUNTRIES' CBDC DECISIONS COULD INFORM JAPAN'S DECISION-MAKING
π΄ BOJ GOVERNOR UEDA: LAST FISCAL YEAR'S ECONOMIC CONDITIONS WERE FAIRLY GOOD
π΄ BOJ GOVERNOR UEDA WANTED TO MAKE BOJ'S POLICY FRAMEWORK SIMPLER IF ECONOMIC CONDITIONS ALLOWED WHEN HE ASSUMED HIS POST A YEAR AGO